Recent data suggest gross domestic product growth this year will be closer to the government’s target of about 5%, contrary to expectations of a large overshoot formed earlier in the year. The figures also show a lopsided rebound that’s being led by consumer services, while industrial activity lags far behind.
Stay focused on domestic fundamentals; no need to react to every US macro move: Sandip Sabharwal
According to Sandip Sabharwal, the proposed US remittance tax is the primary concern for Indians, potentially affecting remittance flows and increasing costs for the Indian
May 23, 2025